Cordea Savills European Commercial Fund has acquired phase 2 of the multi award-winning mixed-use scheme Edinburgh Quay in Edinburgh, Scotland for £21.1 mln (EUR 24 mln). The price reflects a net initial yield of 6.1% based on contracted income. The vendor was Edinburgh Quay Ltd.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
